Added to YB: 2025-08-27
Pitch date: 2025-08-23
PNG.V [bullish]
Kraken Robotics Inc.
+91.62%
current return
Author Info
No bio for this author
Company Info
Kraken Robotics Inc., a marine technology company, engages in the design, manufacture, and sale of sonar and optical sensors, batteries, and underwater robotic equipment for military and commercial applications.
Market Cap
CAD 2.0B
Pitch Price
CAD 3.46
Price Target
N/A
Dividend
N/A
EV/EBITDA
88.88
P/E
-2.8K
EV/Sales
18.00
Sector
Electronic Equipment, Instruments and Components
Category
growth
Kraken Robotics (PNG.V / KRKNF) – Q2 & H1 2025 Review
PNG.V increased position: Maritime tech co w/ strong Q2 revenue growth (+16%) driven by 3D at Depth acquisition ($23.5M) & subsea battery sales. Services rev +100% H1, +180% Q2. Product sales down 14-27% on RMDS completion. $148M liquidity post-$115M raise. Mgmt confident on $120-135M rev guidance, $26-34M adj EBITDA. Desjardins $5 target, buy rating.
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